The Chartered Financial Analyst (CFA®) designation is fastbecoming a requirement for serious investment professionals.Although it requires a successful completion of three levels ofgrueling exams,it also entails promising careers with lucrativesalaries. A student of finance is curious about the average salaryof a CFA® charterholder. He takes a random sample of 36 recentcharterholders and computes a mean salary of $162,000 with astandard deviation of $36,000. Use this sample information todetermine the upper bound of the 90% confidence interval for theaverage salary of a CFA® charterholder. (Round the "t" value to 3decimal places.)
